Keeping your valuables, jewellery, and important documents safe is essential. To help customers store their precious belongings securely, YES Bank offers safe deposit locker facilities at selected branches across India. Whether you are an existing customer or planning to open a new account, here’s a simple step-by-step guide on how to avail a locker at YES Bank.
🔹 Step 1: Find a Locker-Enabled Branch
Locker services are available only at certain branches. You can easily find out which nearby branch provides locker facilities by visiting or contacting the branch directly.
Choose a branch that is convenient for you to access whenever needed.
🔹 Step 2: Open a Bank Account
YES Bank lockers are allotted only to account holders.
If you do not have an account yet, open a savings or current account with the bank.
To open the account, you’ll need to:
Fill out the account opening form
Submit your KYC documents (Aadhaar, PAN, and address proof)
Provide passport-size photographs
Once the account is active, you can apply for a locker facility.
🔹 Step 3: Apply for a Locker
After becoming an account holder, visit your chosen branch and fill out the Locker Request Form.
You’ll need to mention:
Your account details
Preferred locker size (Small, Medium, Large, or Extra Large)
Details of joint holders, if applicable
If no lockers are available at the moment, your name will be added to the waiting list, and the bank will contact you once a locker becomes available.
🔹 Step 4: Pay Locker Rent and Security Deposit
When a locker is allotted, you’ll be required to pay:
Annual locker rent, which varies depending on the size of the locker and the location of the branch
Refundable security deposit, usually maintained as a fixed deposit linked to your account
Indicative Locker Rent Range:
Locker Size Approx. Annual Rent (₹)
Small 2,000 – 4,000
Medium 4,000 – 8,000
Large 8,000 – 12,000
Note: Locker rent may differ from one city or branch to another.
🔹 Step 5: Sign the Locker Agreement
You will need to sign a Locker Agreement as per the guidelines set by the Reserve Bank of India (RBI).
This agreement defines the terms of use, safety rules, and operating conditions.
It will be stamped and stored safely by the bank for record purposes.
🔹 Step 6: Access and Operate Your Locker
After all formalities are completed, the bank will provide:
A unique locker number
A personal locker key
Locker access during official operating hours
YES Bank ensures safety with advanced security systems, CCTV monitoring, and a dual-key operation method that requires both the customer’s and the bank’s keys for access.
🛡️ Key Benefits of Having a YES Bank Locker
✅ Multiple locker sizes to suit different needs
✅ High-level security and surveillance
✅ Nomination facility available
✅ Easy accessibility during banking hours
✅ Safe storage for valuable items and confidential documents
📄 Documents Required
To apply for a locker, you’ll need:
Proof of identity (PAN card, Aadhaar, Passport, etc.)
Proof of address (utility bill, rental agreement, etc.)
Passport-size photographs
Active YES Bank account details
💬 Final Thoughts
Availing a locker at YES Bank is a straightforward and secure process. With lockers available in various sizes and backed by reliable security measures, it’s one of the best options for safeguarding your valuable belongings. Visit your nearest branch to apply for a locker and enjoy complete peace of mind.
